# Starting a new life …

**URL:** <https://discussion.mainstreetbusinesspodcast.com/t/starting-a-new-life/322>\
**Category:** Retirement Accounts and Strategies\
**Created:** [July 18, 2023, 6:22pm UTC](https://discussion.mainstreetbusinesspodcast.com/t/starting-a-new-life/322 "2023-07-18T18:22:25Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Terri.L](https://avatars.discourse-cdn.com/v4/letter/t/d6d6ee/32.png) [@Terri.L](https://discussion.mainstreetbusinesspodcast.com/u/Terri.L)\
**Post date:** [July 18, 2023, 6:22pm UTC](https://discussion.mainstreetbusinesspodcast.com/t/starting-a-new-life/322/1 "2023-07-18T18:22:25Z")

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QUESTION ? Actual or mileage … Scenario: 1. Porsche Cayenne bought outright in 2019, no payments. … 2. going through a divorce and get the Porsche as part of settlement … 3. I’ve been retired for over 5 years but will be resurrecting my self-employed vocation for income … low mileage, 50% + business use … 4. Can I take depreciation and deductions ? … the purchase of the car was over $100,000. but the KBB says the value is about half of original cost … what do you suggest ? I was considering trading it in for a mid-range used vehicle, but considering the immediate loss in values after a purchase, I’m thinking that I should probably just hang onto it … what do you think ? It only has 39,000 miles on it and looks brand new .